Regulatory Updates
Thai regulator issues licence to crypto real estate project 20 September 2021
The Securities Exchange and Commission of Thailand has issued a licence to an asset-backed token offering service based on the Ethereum blockchain....
Russian Regulator cooperates with banks to block suspicious crypto activity 15 September 2021
The Bank of Russia has started working with local banks on halting payments to cryptocurrency exchanges in order to protect customers from...
El Salvador will exempt foreign investors from taxes on Bitcoin profits 13 September 2021
Having become the first country to recognise Bitcoin as legal tender, El Salvador will reportedly exempt foreign investors from taxes on bitcoin...
El Salvador recognises BTC as legal tender 7 September 2021
El Salvador’s Bitcoin Law came into force on 7th September. The landmark law makes the Central American nation the first country to recognise...
Cuba to recognise and regulate cryptocurrency 28 August 2021
The Cuban government plans to recognise and regulate cryptocurrencies for payments. According to a resolution published in the Official Gazette,...
Chinese court declares cryptocurrency is “not protected by law” 23 August 2021
A statement by a Chinese provincial high court that “investing or trading cryptocurrency is not protected by law” may set a precedent for other...
China’s Regulator cracks down on illegal cryptocurrency trading 18 August 2021
The Shenzhen branch of the People’s Bank of China (PBOC) has reportedly set out to “correct” the business activities of 11 companies allegedly...
BitMEX confirms it has reached settlements with CFTC and FinCEN 10 August 2021
BitMEX, one of the world's largest trading platforms for crypto derivatives, announced that it has settled a dispute with both the United States...
SEC charges crypto exchange with securities law breach 9 August 2021
The United States Securities and Exchange Commission (SEC) has charged crypto exchange platform, Poloniex, with operating an unregistered online...
Singapore grants first regulatory approval to crypto exchange 3 August 2021
Independent Reserve, an Australian crypto exchange founded in 2013, has become the first cryptocurrency exchange in Singapore to receive an...
Kazakhstan plans to authorise local banks to open accounts for cryptocurrency transactions 27 July 2021
Several banks in Kazakhstan will soon be officially approved to service companies and businesses providing exposure to cryptocurrencies. According...
81 countries are now exploring a CBDC 26 July 2021
The Atlantic Council has recently launched an online resource – the Central Bank Digital Currency (CBDC) Tracker – offering a global look at the adoption of central bank digital currencies.